Published By admin on July 20, 2010
DA Hiked by 8% wef from 1 January 2010
The state executive machinery is always blamed for not functioning well and other charges, but government is in the mood of making them all happy.
The Government announced on Monday to provide an additional installment of 8% of Dearness Allowance (DA) to around 16 lakh state employees.
Now, the rate of DA stands at 35% of the basic pay. The arrears from January to July will go to their provident fund (PF) account and from august onwards it will be paid along with their salary.
The government will have to bear an extra burden of Rupees 1635.5 crore because of this DA hike.
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